| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 434 | 517 | 642 | 738 | 809 | 588 | 891 | 1,884 | 1,721 | 1,512 | 1,452 | |
| COGS | — | — | -242 | -284 | 353 | 228 | 399 | 891 | 737 | 710 | 746 |
| Gross profit | — | — | — | — | 455 | 360 | 492 | 993 | 983 | 802 | 706 |
| 415 | 469 | 773 | 859 | 280 | 224 | 311 | 581 | 565 | 532 | 574 | |
| 19 | 48 | 112 | 164 | 175 | 136 | 181 | 412 | 419 | 270 | 132 | |
| OPM % | 4.3% | 9.4% | 17.4% | 22.2% | 21.6% | 23.1% | 20.3% | 21.9% | 24.3% | 17.9% | 9.1% |
| Depreciation | — | — | — | 48 | 55 | 58 | 64 | 207 | 151 | 157 | 139 |
| Interest | 25 | 24 | 24 | 21 | 20 | 18 | 21 | 35 | 30 | 26 | 22 |
| 16 | 3 | 30 | 14 | 15 | 7 | 26 | 14 | 15 | 19 | 60 | |
| Profit before tax | 10 | 27 | 83 | 110 | 115 | 67 | 123 | 184 | 253 | 107 | 31 |
| Tax | -3 | 1 | 15 | 22 | 23 | 17 | 22 | -9 | 42 | -12 | -10 |
| Tax % | -30.2% | 5.1% | 17.6% | 20.3% | 20.3% | 25.9% | 17.9% | -4.7% | 16.4% | -11.4% | -31.9% |
| 13 | 26 | 69 | 88 | 92 | 50 | 101 | 192 | 211 | 119 | 41 | |
| PAT margin % | 3% | 4.9% | 10.7% | 11.9% | 11.4% | 8.4% | 11.3% | 10.2% | 12.3% | 7.9% | 2.8% |
| EPS (₹) | — | — | 68.7 | 87.8 | 9.2 | 5 | 10.1 | 19.2 | 21.1 | 11.9 | 4.1 |
| EPS adjusted (₹) | — | — | — | — | 9.2 | 5 | 10.1 | 19.2 | 21.1 | 11.9 | 4.1 |
| — | — | 3.6% | 2.8% | 1.6% | 2% | 2% | 2.1% | 4.7% | 3.4% | 9.8% | |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | — | 435 | 535 | 723 | 922 | 1,039 | 1,078 |
| — | 295 | 308 | 419 | 305 | 231 | 298 | |
| — | 261 | 384 | 220 | 167 | 165 | 172 | |
| Total equity & liabilities | — | 1,001 | 1,237 | 1,372 | 1,404 | 1,445 | 1,558 |
| 371 | 432 | 802 | 691 | 838 | 735 | 660 | |
| CWIP | — | 318 | 87 | 137 | 16 | 99 | 257 |
| Investments | — | 4 | 7 | 19 | 17 | 58 | 125 |
| — | 248 | 340 | 524 | 533 | 552 | 516 | |
| Total assets | — | 1,001 | 1,237 | 1,372 | 1,404 | 1,445 | 1,558 |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Paper | 1,445.87 | -68.45 | 1,271.02 | 428.02 | 843 | -8.12 |
| Co-Generation Division | 288.24 | 120.53 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 154 | 160 | 282 | 362 | 285 | 233 | |
| -224 | -206 | -194 | -171 | -172 | -255 | |
| 69 | 46 | -88 | -192 | -109 | 22 | |
| Net cash flow | -1 | 0 | -1 | -0 | 4 | 0 |
| Free cash flow | -69 | -58 | 79 | 182 | 149 | 20 |
| CFO / Operating profit % | 112.9% | 88.4% | 68.5% | 86.5% | 105.6% | 177.1% |
| 225.81 |
| 29.59 |
| 196.22 |
| 61.43 |
| Agriculture | 5.96 | 0.98 | 60.98 | 12.18 | 48.8 | 2.01 |
₹ crore by fiscal year